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by mk_stjames
15 days ago
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I have this little insight into PTO that I keep saved, from the book "Algorithms to Live By" by Brian Christian & Tom Griffiths (a nice read). I think of it often when hearing about people and their work schedules in modern salaried positions and these 'unlimited PTO' offers: >All employees want, in theory, to take as much vacation as possible. But they also all want to take just slightly less vacation than each other, to be perceived as more loyal, more committed, and more dedicated (hence more promotion-worthy). Everyone looks to the others for a baseline, and will take just slightly less than that. The Nash equilibrium of this game is zero.
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Relevant for big companies where people intend to have decade spanning careers with multiple promotions.
But for the tech worker who is going to have a series of 1-3 year stints at different companies, their promotions are more likely to come from switching companies than from showing loyalty or commitment to their current employer.